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  • O Canada (Part II): There's Gold in Them Thar Hills - and Plains [View article]
    If anyone doubts the value of paying a 7-12% premium to buy into the Canada Fund (CEF), just pop up its chart and compare it to the gold ETF (GLD) and silver (SLV). CEF outperforms GLD, but SLV is doing the best. CEF is a blend of the two, holding about 60% gold and 40% silver. I suspect that, in the future, it will tilt toward silver, which is under-priced relative to gold.

    And I feel a lot more comfortable owning CEF -- knowing the gold and silver they say is there is really there!
    Oct 07 12:10 pm |Rating: +3 -1 |Link to Comment
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